Fed keeps rate 0 till 2023. What does it imply?

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Sep 16, 2020 14 Comments

https://www.google.com/amp/s/amp.cnn.com/cnn/2020/09/16/economy/federal-reserve-september-meeting/index.html

Anyone there to explain in layman terms what would be the high-level implications of this policy over next ~3 years?

Does it indicate Fed is out of any other means to keep printing money and inflating the stock/asset bubble to extend for next 3 years?

And what would be the impact of high inflations? Everything gets more expensive while cash gets cheaper over time? If cash is really so trashy, what would be your investment goals? Invest with margins to exploit low interest loans; in that case what if market crash badly? Or invest more in real estate? What else?

#investments #personalfinance

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